Foot Locker, Inc. appointed Pawan Verma as senior vice president and chief information officer, effective Aug. 10. Verma succeeds Peter Brown, who retired in April after 38 years with the company…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Zamst to Sponsor Area Code Baseball
Zamst, the maker of sports bracing and support equipment, renewed its nationwide sponsorship with Area Code Baseball. Within the partnership, Zamst will provide, sport specific, high performance products at Area Code Baseball events, in addition to digita
City Sports to Sell “Free Brady” T-Shirts
City Sports, a Boston based specialty sports retailer, has ordered and plans to sell thousands of “Free Brady” t-shirts that will be sold in most of its nine Boston locations and on-line beginning this weekend…
Big 5’s Q2 Slowed by Drought Conditions
Big 5 Sporting Goods Corp. reported earnings rose 4.0 percent in the second quarter on a 1.7 percent comp-store gain. Results were in line with previous guidance but management indicated that drought conditions in its core California markets was continuin
Deckers Brands Q1 Loss Widens
Deckers Brands widened its loss in its first quarter due to higher expenses but stronger-than-planned performances by Teva and Hoka One One helped management slightly raise its outlook for the year…
Hanesbrands Q2 Boosted by Activewear
Led by robust sales in its Activewear segment, Hanesbrands Inc. reported second-quarter revenues increased 13.4 percent to $1.52 billion. Excluding foreign currency fluctuations and the acquisitions of DBApparel and Knights Apparel, sales inched up 1 perc
Earlier ORWM Dates Causes Industry to Scramble
News that Outdoor Retailer moving its upcoming winter market show two weeks earlier has led to elation from some in the outdoor specialty community but some trepidation and annoyance as well…
Brunswick Corp.’s Q2 Fitness Revenues Expand 5 Percent
Brunswick Corp. reported revenues in its Life Fitness segment, comprised of Life Fitness and Hammer Strength, rose 5.2 percent in the second quarter and added 10 percent on a currency-neutral basis…
Garmin’s Q2 Earnings Slides on Fitness Weakness
Garmin Inc. reported second-quarter earnings slid 24.3 percent to $137.8 million, or 72 cents a share, due to slower growth in its fitness division and the strong U.S. dollar's impact on foreign results…
City Sports Appoints Marty Hanaka CEO
City Sports appointed veteran retail executive Marty Hanaka as its CEO. Hanaka replaces Eddie Albertian, who left the company in June. In an interview with Sports Executive Weekly, Hanaka said Albertian, who had been leading the chain since September 2012
Skechers Delivers Another Blowout Quarter
With all three of its businesses – Domestic, International and Retail – banging out double-digit growth, Skechers USA Inc. reported the highest quarterly sales in its 23-year history and earnings that handily topped Wall Street’s target…
Garmin Sees 5 Percent Gain in Q2 Fitness Revenues
Garmin Ltd. reported sales grew 5 percent in its Fitness segment, driven by activity trackers and multisport products. Outdoor segment revenues grew 4 percent…
Jarden Outdoor Q2 Earnings Fall on Flat Sales
Jarden Corp. reported sales in its Outdoor Solutions group, which includes Coleman, Rawlings, K2 and several fishing brands, dipped 0.2 percent to $753.3 million in the second quarter ended June 30 compared with the same quarter a year earlier. Segment ea
Adidas Partners with the Pac-12 Conference
The Pac-12 Conference and Adidas announced a three-year partnership that makes Adidas the Official Athletic Apparel and Athletic Footwear partner of the Conference and all Pac-12 Championship events…
Balega Shifts 15 Percent of Sock Production to North Carolina
Balega International expects to source 15 percent of its performance socks from the United States thanks to a new partnership with a Hickory, NC manufacturer…
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